A $5 Coffee Habit Compounded 40,000% Yet Wall Street Still Cheers the Layoffs
Starbucks (SBUX) has compounded roughly 40,000% since its 1992 IPO, turning a $10,000 ticket into near $4 million. On Friday, the firm that constructed that file advised 300 extra company staff they had been out, took a $400 million restructuring cost, and watched the inventory rise anyway. Wall Street known as it the proper transfer….
